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☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Netflix, Delta, Micron, Visa, Mastercard, Target, Tesla, Penn & more
▼ + stars: | 2024-05-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

"We see risk-reward on AAPL as positive, and rate the stock Outperform with a price target of $195." Barclays reiterates Micron as overweight Barclays raised its price target on the stock to $145 per share from $120. Evercore ISI adds a tactical outperform on Walmart Evercore added Walmart to its tactical outperform list ahead of earnings later this week. Evercore ISI adds a tactical outperform on Target Evercore added Target to its tactical outperform list ahead of earnings on May 20. "Following SEDG's 1Q results last week, we are downgrading SEDG to a Neutral and lowering our price target to $56 as the timing of a recovery remains cloudy."

Persons: Bernstein, Apple, Jefferies, it's, Wells, Piper Sandler, Piper, Bank of America downgrades Penn, Guggenheim, Tesla, We've Organizations: Apple, Nvidia, Barclays, Micron, HSBC, Delta, American Airlines, JPMorgan, Netflix, UBS, Visa, Mastercard, Walmart, Target, Royal Bank of Canada, HSBC Canada, Nexstar, Susquehanna, Bank of America, Penn Ent, ESPN Bet, Tesla, GE Aerospace, GE, Gemini Locations: Delta, United, America

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Netflix, Delta, Micron, Visa, Mastercard, Target, Tesla & more
▼ + stars: | 2024-05-13 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Persons: Bernstein, Apple, Jefferies, it's, Wells, Piper Sandler, Piper, it's bullish, Bank of America downgrades Penn, Guggenheim, Tesla, We've Organizations: Apple, Nvidia, Barclays, Micron, HSBC, Delta, American Airlines, JPMorgan, Netflix, UBS, Wells, Visa, Mastercard, Walmart, Target, Royal Bank of Canada, HSBC Canada, Nexstar, Susquehanna, Bank of America, Penn Ent, ESPN Bet, Tesla, GE Aerospace, GE, Gemini Locations: Delta, United, America

☆ Trump's Mar-a-Lago document trial has been delayed again. He now has a chance to dodge it entirely.
▼ + stars: | 2024-05-07 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Donald Trump's Mar-a-Lago documents trial has been delayed indefinitely. AdvertisementThe judge overseeing Donald Trump's criminal case over his holding onto secret government documents following his presidency delayed the trial indefinitely — giving him the chance to get rid of the charges if he wins the 2024 election. Another criminal case overseen by Smith, in a federal court in Washington, DC, was previously scheduled for March 4. In that case, Smith alleged Trump broke criminal laws through his efforts to overturn the results of the 2020 election. Trump's attorneys have also made immunity arguments in the classified documents case.

Persons: Donald Trump's Mar, It's, —, Donald Trump's, Aileen Cannon, Cannon —, Trump, Carlos de Oliveira, Waltine Nauta —, Jack Smith, de Oliveira, Trump's, Stormy Daniels, — Trump, Smith, MANDEL NGAN, Fani Willis, Juan Merchan, Todd Blanche, Blanche, Merchan, reconvene, Cannon Organizations: Trump, Service, Nauta, Republican, Justice Department, US, Getty Images Locations: Lago, Manhattan, Washington ,, AFP, Getty Images Fulton County, Georgia, York, Florida, New York

☆ Swarm of bees delays Arizona Diamondbacks vs. Los Angeles game in Arizona. A ‘MVP’ beekeeper came to the rescue
▼ + stars: | 2024-05-01 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +2 min

CNN —Major League Baseball fans had an unexpected buzz on Tuesday after a swarm of bees delayed the Arizona Diamondbacks vs. Los Angeles Dodgers game for around two hours. With no end in sight to the snafu, the call went out to bee wrangler Matt Hilton, who was summoned from his son’s baseball game to the big leagues to tackle the problem. Beekeeper Matt Hilton reacts to fans before throwing out the ceremonial first pitch. This year’s Indian Wells tournament saw a lengthy delay to the quarterfinal between Carlos Alcaraz and Alexander Zverev after a swarm of bees descended on the court. Last year, some 20,000 bees took center stage at an Irish cricket match in Cork.

Persons: Matt Hilton, Hilton, ”, Bonnie Tyler’s “, Beekeeper Matt Hilton, Christian Petersen, ” Hilton, “, Christian Walker, Carlos Alcaraz, Alexander Zverev Organizations: CNN — Major League Baseball, Arizona Diamondbacks, Los Angeles Dodgers, Chase, Beekeeper, Diamondbacks, Wells, Irish, Cork

☆ A tax compliance startup raised millions. Then it abruptly shut down, and the founder cut off contact.
▼ + stars: | 2024-04-29 | by ( Ben Bergman | ) www.businessinsider.com time to read: +13 min

Even the human-resources firm retained to help employees with offboarding, Tandem, quit soon after the layoffs because it never got paid. Shannon Flynn Bevers, Tandem's president and founder, said that she tried to help employees but that Johnson stopped responding. "When startups go out of business, they will pay employees their final paycheck. Johnson told employees to take a weeklong furlough and blamed the issue on a technical snafu. She also told employees they could file a claim with their state labor department or hire an employment lawyer.

Persons: Slack, Shiloh Johnson, Johnson, they'd, Benjamin Matthews, Shannon Flynn Bevers, I've, Flynn Bevers, VCs, Josh Felser, Aerin Paulo, ComplYant's, I'd, ComplYant, podcaster David Sacks, Michael Tam, Tam, Matthews, Ryan Cady, Lusely Martinez, Martinez, Cady, paychecks, wasn't, Taliah McGuire, McGuire, what's, Shiloh Luckey, Penelope, We've Organizations: Business, offboarding, . Venture, BI, Craft Ventures, ComplYant, Mucker, Slauson, — Mucker, Fika Ventures, Employees Locations: Los Angeles, Shiloh, San Francisco, Colorado, New York, TikTok

☆ A 'server anomaly' that made it look like some advertisers were bidding billions of dollars sent the adtech industry into chaos
▼ + stars: | 2024-03-18 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementBusiness Insider confirmed that the cause of the error was a brief "server anomaly" at PubMatic, an adtech company. A PubMatic spokesperson said the anomaly, at one of its US data centers, caused "abnormally high CPMs being passed to the publisher ad server on a limited number of impressions." The PubMatic error occurred in the communication that happened between the SSP and PubMatic's ad server, according to the company. The actual financial impact for individual publishers and adtech companies is likely to be minimal.

Persons: —, Nicolas Schueller, Adomik, Friday's snafu, Kargo, aren't, PubMatic, Scott Messer Organizations: Service, Business, Publishers, CNN, AMC Networks, Fox, The New York Times, Delta Airlines, Comcast Locations: PubMatic, Friday's

☆ Chelsea vs Arsenal: Top flight women’s soccer game delayed due to sock snafu
▼ + stars: | 2024-03-16 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —A Women’s Super League (WSL) clash between Chelsea and Arsenal on Friday was delayed by half an hour after the Gunners were forced to change their socks because they were the same color as those worn by Chelsea. Arsenal, as the away team, was eventually forced to source black socks from Chelsea’s merchandise store and cover the branding with tape. Once the game began, Chelsea consolidated its spot as the league leader with a 3-1 victory over third-placed Arsenal in front of the Blues’ biggest ever crowd at Stamford Bridge for a women’s soccer game. Chelsea eventually won 3-1 to edge ahead in the Women's Super League title race. Chelsea manager Emma Hayes praised her team’s dominant performance afterwards but told broadcaster Sky Sports that she was “gutted” for Arsenal’s kit man.

Persons: Justin Setterfield, Jonas Eidevall, Lauren James, Manuela Zinsberger, parry, Sjoeke Nüsken, Nüsken, Johanna Rytting Kaneryd’s, Alex Burstow, Emma Hayes, “, ”, Hayes Organizations: CNN, League, Chelsea, Arsenal, Gunners, Blues ’, Stamford, Sky Sports, ”, Arsenal FC, Getty Locations: ”

☆ Judge approves Trump hush-money delay, and trial may now run from mid-April until after Memorial Day
▼ + stars: | 2024-03-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +2 min

Trump's New York hush-money trial is now back on track for mid-April. The delay will give Merchan, prosecutors, and defense lawyers time to contend with late evidence. AdvertisementThe Manhattan judge who will preside over Donald Trump's first criminal trial agreed on Friday to push back the original March 25 trial start date by about three weeks. Related storiesBoth sides — the defense and Manhattan prosecutors — are blaming each other for the delay, though prosecutors also blame the US Attorney's Office for what they describe as unneccessary footdragging. The trial, which is expected to last six weeks, could now run from mid-April until just after Memorial Day, given the judge's previous plan to give jurors the fourth week of April off.

Persons: Trump's, Juan Merchan, —, Donald Trump's, Michael Cohen, Merchan, Mary, it's Organizations: Service, US, Office, ., Defense Locations: York, Manhattan, New York City

☆ Inside the world of Wordle at the New York Times
▼ + stars: | 2024-03-14 | by ( Saira Mueller | ) edition.cnn.com time to read: +13 min

After the New York Times acquired Wordle from its creator, software engineer Josh Wardle, in January 2022, its player base grew to tens of millions. The New York Times assigned a dedicated editor for Wordle, Tracy Bennett, in November 2022. “You’re even going to be able to play Wordles that predate the New York Times acquisition, which is really fun,” Knight told CNN. What Wordle has done for the New York TimesAside from the editorial strategy, Wordle fits perfectly into the Times’ business plans. For Donna Cona, who has played it since before the Times acquisition, Wordle has become her go-to thing each morning.

Persons: Wordle, Josh Wardle, Everdeen Mason, “, ”, Jonathan Knight, Tracy Bennett, we’re, ” Bennett, “ I’ve, Bennett, Mason, ” Mason, it’s, — Bennett, Knight, “ You’re, ” Knight, “ We’re, —, ’, Donna Cona, I’m, …, Nanny, Cona, Malia Griggs ’, they’re, Malia, Jerrold Griggs —, ” Malia, Griggs ’, Malia it’s, ADIEU, Malia Griggs, “ I’m, Wordle “ Organizations: CNN, New York Times, Times, NYT, Louis, Cities, Fulham, Bournemouth, Bradford, New York, Sydney Melbourne New York, DC Locations: North, ”, Seattle, Aberdeen, Hinsdale, Angeles, Lansing, London, Coventry, Auckland, Wandsworth, Wantage, Vancouver, Wordle, New York City, Columbia , South Carolina, Washington, DC Vermont Wyoming, Hoquiam , Washington, Willowbrook , Illinois

☆ The Princess of Wales is in the spotlight — for not being in the spotlight
▼ + stars: | 2024-03-12 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, we're looking at the curious case of Kate Middleton's edited photo that's got the internet buzzing. The big storyPrincess problemsChris Jackson/Getty Images; Ian Vogler - WPA Pool/Getty Images; Chelsea Jia Feng/BIA picture is worth a thousand words. AdvertisementBut this time around, it's the Princess of Wales in the spotlight… for not being in the spotlight. She explained away the issue by saying she does "occasionally experiment with editing," but plenty of people weren't buying it .

Persons: —, we've, Kate Middleton's, that's, Chris Jackson, Ian Vogler, Chelsea Jia Feng, hasn't, Prince Andrew , Duke, York, Prince Harry, Meghan Markle, Duke, Duchess of Sussex, Wales, Kate, Insider's Kwan Wei Kevin Tan, Mikhaila Friel, Kensington, Kensington Palance, Patrick Witty's, Patrick, Kate Middleton, King Charles, Mikhaila, Easter, Katie Notopoulos, BI's Hasan Chowdhury, Beatrice Nolan, Chris Gash, Stephanie Pomboy, Max, Aravind Srinivas, Nvidia's, Artur Debat, Eric Boyd, Joe Biden, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Business, Royals, JPMorgan, Anadolu, Apple, Meta, New York Times, Tesla, Microsoft, OpenAI, International Brotherhood of Teamsters Locations: London, Kensington, British, China, Georgia , Mississippi, Washington, New York

☆ To get $9 million in pandemic aid, Lil Wayne pledged to operate a 'drug-free workplace.' The feds believed him.
▼ + stars: | 2024-03-11 | by ( Jack Newsham | ) www.businessinsider.com time to read: +7 min

Lil Wayne loves weed. But in 2021, Lil Wayne — whose real name Dwayne Carter — told the government that his touring company was a "drug-free" workplace. No one at the Small Business Administration appeared to question it, and the government cut a $8.9 million check to Lil Wayne's company Young Money Touring Inc. Representatives for Beach House didn't respond to a request for comment, nor did press contacts for Lil Wayne or Post Malone. The feds could claw the money backThe SBA told grant applicants that they could be sued or even prosecuted for lying.

Persons: Malone, Lil Wayne, —, Lil Wayne —, Dwayne Carter —, Lil Wayne's, Post Malone, Post, Joe Rogan's, they're, Carter, , Harold Pollack, Josh Schiller, Schiller, Dan Meyer, Andrew Preble, should've, Day Organizations: Service, Small Business Administration, Inc, Austin Post, Post, SBA, Touring Inc, University of Chicago, Elon, SpaceX, Beach House, NME, Beach Locations: people's, San Francisco, Angeles, New Orleans

☆ ‘My dress is broken’: Emma Stone deals with wardrobe malfunction while accepting her Best Actress Oscar
▼ + stars: | 2024-03-10 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +3 min

CNN —An awards ceremony curveball indeed: Emma Stone, winner of the Oscar for Best Actress for her performance in “Poor Things,” dealt with a sartorial snafu just moments before she took the stage to accept her trophy. “My dress is broken,” Stone appeared to mouth while en route to receive her Academy Award. “I think it happened during ‘I’m Just Ken,’” she explained, referencing Ryan Gosling’s performance of his song from the “Barbie” movie — and, presumably, some dance moves she’d indulged in (because who wouldn’t boogie down with Gosling should the opportunity present itself?). And perhaps most infamously, Jennifer Lawrence, who was on stage with Stone tonight (as one of the former Best Actress winners who introduced this year’s nominees), took a tumble when accepting her Oscar for Best Actress in 2013 due to the hemline on her cascading Dior Haute Couture gown. Lawrence, along with the other former winners, helped usher Stone off-stage.

Persons: Emma Stone, Oscar, ”, ” Stone, Louis Vuitton, ‘ I’m, Ken, ’ ”, Ryan Gosling’s, Barbie, she’d, Gosling, Stone, Myung J, Chun, Ryan, Petra Flannery, Gosling —, “ I’m, Ken ”, Lily Gladstone, ” Annette Bening, ” Carey Mulligan, “ Maestro ”, Sandra Hüller, Charlize Theron, Vera Wang, Jimmy Kimmel, Jenny Slate, Thom Browne, Jennifer Lawrence, Lawrence Organizations: CNN, Los Angeles Times, Dolby Theatre, Harper’s Locations: “, “ La La

☆ There are growing calls for Google CEO Sundar Pichai to step down
▼ + stars: | 2024-03-01 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

The slip-up was so bad it sent the company's stock tumbling, and had CEO Sundar Pichai address the troops, calling the situation "completely unacceptable." The debacle has strengthened the narrative that Google is suddenly behind in the AI race, and now there's a growing chorus of voices calling for CEO Sundar Pichai to be replaced. Pichai, who was appointed CEO of Google in 2015, and Alphabet in 2019, has proven a strong peace-time CEO for the company. He's been an effective and steady hand who protects Google's prized search business and deals diplomatically with regulators. Responding to a tweet by Color Health CEO Othman Laraki, who said Google as facing an "unsolvable problem," Mayer defended Google somewhat.

Persons: —, Sundar Pichai, Ben Thompson, Googlers, Mark Shmulik, chatbot, He's, Pichai, Aravind Srinivas, Sundar, Srinivas, Marissa, Marissa Mayer, Othman Laraki, Mayer, They've, Hugh Langley Organizations: Service, Google, Business, Color, Gartner Locations: Silicon Valley

☆ 580 courses in 365 days: How crushing a world record changed one golfer’s perspective on life and America
▼ + stars: | 2024-02-16 | by ( Don Riddell | ) edition.cnn.com time to read: +9 min

Patrick Koenig played golf – a lot of golf. By the time he finished his golfing trek, Koenig had played in the USA, Finland, and Sweden, completing 580 different courses in 365 days. Assuming his record application – which typically take up to 12 weeks to review, according to the Guinness World Record website – is accepted, he will have smashed the previous best total by 131 courses. As well as playing an awful lot of golf, the experience has changed Koenig’s perspective on the world. Some days I wanted to sleep because I was tired, but I was like, ‘Oh, I can get up and play golf.

Persons: Patrick Koenig, Koenig, –, ”, “, Jonathan, Cathie Weaver, I’m, spatters Koenig, I’d, Royal New Kent –, ” Koenig, I’ve, ’, Rachel Alcone, he’d, Patrick Koenig ‘, “ It’s Organizations: CNN, Guinness, North, Monarch Beach, “, Royal New Locations: USA, Finland, Sweden, Canadian, California, Colorado, South Carolina, Pebble, Royal New Kent, Virginia, Royal, Sand Hills, Nebraska, Washington, Florida, Vermont, Texas, America

☆ Everyone needs an editor. Lyft just learned it the hard way
▼ + stars: | 2024-02-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

That goes for MBAs as much as MFAs, and it’s a lesson Lyft executives learned the hard way on Tuesday, when an errant zero sent its stock (briefly) to the stratosphere. The Lyft typo came in an earnings report that stated, incorrectly, that the company’s estimated gross margin would expand by 500 basis points, which would amount to a stunning five-percentage-point bump. The stock shot up more than 60% before Lyft’s CFO corrected the error on a call with analysts, bringing the stock back to Earth. With the error in the rear view, Lyft shares were up up 30% Wednesday, bolstered by stronger-than-expected earnings and a rosy outlook for future cash flows. “Look, it was a bad error, and that’s on me,” Lyft CEO David Risher told CNBC on Wednesday.

Persons: CNN Business ’, History’s, —, Arthur C, Clarke, Galena Biopharma, King Charles I, ”, David Risher Organizations: CNN Business, New York CNN, MBAs, Citibank, Citi, Mizuho Securities, NASA, New York Times, Bangladesh Bank, Reuters, Maine, SEC, CNBC Locations: New York, Mizuho, Galena

☆ 'The Davos underground': A final take on the secretive parties of the world's rich and powerful
▼ + stars: | 2024-01-31 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +23 min

"That's when you get the good s---," said a Davos attendee who is regularly selected to join the exclusive backroom of the Annual Davos Wine Forum Tasting. Zoom In Icon Arrows pointing outwards JPMorgan took over the Kirchner Museum for its annual drinks event. Zoom In Icon Arrows pointing outwards The attire of the Davos set is decidedly not chic. Zoom In Icon Arrows pointing outwards The color of your conference badge determined access to World Economic Forum events. Zoom In Icon Arrows pointing outwards Skiing and snowboarding post panels and broadcasting was another favorite pastime of some Davos goers.

Persons: bankrolled, Vladimir Putin's, Putin, George Soros, Bill Browder, Anthony Scaramucci, Anthony, Scaramucci, queued, Latour, Donald Trump, —, Mark Milley, Matt Damon, Richard Branson, Andrea Bocelli, Chris Coons, Paul Ryan, bartenders, Champagne Perrier, Chateau Latour, L'Eglise, Burgundy Olivier Bernstein Bonnes, Domaine Comte Georges de Vogue, Tenuta, Casanova di Neri, Stephen King, Browder, Doug Emhoff, Gary Cohn, Ian Bremmer, Sir Martin Sorrell, Sting, Bill Gates, Sam Altman, Marc Benioff, Ray Dalio, Emhoff, Ernst Ludwig Kirchner, Brian Moynihan, IBM's Gary Cohn, Jack Hidary, Sir Richard Moore, Barry Colson, Davos goer, Moritz, Eve, CNBCers, Emmanuel Macron, John Kerry, Joe Short, roundtables, Wyclef Jean, Diane von Fürstenberg, George Osborne, David Rhodes, Osborne, Politico's Suzanne Lynch, Princess Beatrice, David Blaine, Milley —, Tij, CNBC Tij Organizations: Economic, CNBC, Congress Center, Russian, Russian Direct Investment Fund, Moonshot Investor Network, Putin, Hermitage Capital, SkyBridge, White House Communications, Chiefs, Bordeaux Smith Haut, Platz, Politico, IBM, AB InBev, White, Trump, Eurasia Group, Capital, Microsoft, Wall Street, Billionaire Microsoft, Light, Infosys, Bloomberg House, JPMorgan, Kirchner Museum, Financial, Hotel, CNBC CNBC, Bank of America, New, Davos, U.S . Climate, Accenture, Golf Club Davos, Palantir, Chancellor, Sky News's, Sting, Workers, Swiss Army, Army, Gliding Locations: Davos, Switzerland, Soviet, Ukraine, Moscow, Hungarian, Hermitage, Providence, Europe, Davos's, Bordeaux, Bordeaux Smith Haut Lafitte, Bello, Santa Cruz, Napa Valley Tuscany, Schatzalp, Scalettastrasse, Emirates, Halifax, Canada, Salt Lake City, U.S, Palantir, Swiss

☆ Don’t let this passport quirk upend your next vacation. It 'trips a lot of people up,' expert says
▼ + stars: | 2024-01-23 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

However, another common passport snafu threatens to upend your trip overseas — and it involves passports that haven't yet expired but are close to doing so. Many countries require that Americans have at least a few months of validity remaining on their U.S. passport in order to travel there, or to secure a visa to that country. Many countries in the Asia-Pacific and Middle East regions require at least six months of validity for permission to enter. What this means: Gatekeepers like border officials will deny travel if your passport doesn't have a certain amount of validity remaining. The requirement "trips a lot of people up," said Charles Leocha, president and co-founder of Travelers United, a nonprofit advocacy group.

Persons: Charles Leocha Organizations: Finance, State Department, Travelers United Locations: New Europe, Schengen, Asia, Pacific, Hong Kong

☆ The latest awkward news for Boeing: Blinken's plane broke down on his Davos trip
▼ + stars: | 2024-01-17 | by ( Paul Squire | ) www.businessinsider.com time to read: +2 min

He was stuck in Switzerland after his Boeing jet malfunctioned, Bloomberg reported. The airline has come under fire after a door on a 737 Max 9 jet blew off during a commercial flight. US Secretary of State Antony Blinken ended up getting stranded in Switzerland on his way home from Davos after his custom Boeing 737 plane broke down, according to Bloomberg. On January 5, an Alaska Airlines flight had to make an emergency landing after a door plug on the Boeing 737 Max 9 jet blew off during the flight. AdvertisementThe 737 Max 9 fleets were grounded.

Persons: Antony Blinken, —, Max Organizations: Boeing, Bloomberg, Service, US Air Force, Air Force, Alaska Airlines, Max, Federal Aviation Administration Locations: Davos, Switzerland, Zurich

☆ A cruise passenger was finally able to reboard the ship after 12 days, following a snafu when he wanted to hop off in Brazil
▼ + stars: | 2024-01-10 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +3 min

Anthony McWilliams has been TikToking his experience on Royal Caribbean's Ultimate World Cruise. AdvertisementA passenger who said he was temporarily unable to reboard the Royal Caribbean's Ultimate World Cruise he was traveling on now appears to be resuming his journey on the ship. part of a caption on McWilliams' video, in which he showed he was back in his room on the cruise ship, said. Instead of disembarking in Brazil, McWilliams left the cruise in Grenada and intended to reboard in Montevideo, Uruguay, BI previously reported. On TikTok, the Ultimate World Cruise has been a hot topic.

Persons: Anthony McWilliams, he's, —, McWilliams, Michael, BI's Julie Gerstein Organizations: Service, BI, Royal Locations: Brazil, Royal Caribbean, Grenada, Montevideo, Uruguay

☆ Bank of America says this stock is the 'strongest pure-play space name' with the potential to double
▼ + stars: | 2023-11-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Rocket Lab shares have the potential to take off, according to Bank of America. Analyst Ronald Epstein reiterated his buy rating on the space stock while shaving his price target down by $2 to $10. Epstein's new price target implies the stock could soar 134.2% from Monday's close. After investigating the September mid-flight failure of its Electron rocket, Rocket Lab is aiming to get its launch business back on track by the end of the year. The analyst's price target cut followed a reassessment of the discount rate following the Electron launch snafu.

Persons: Ronald Epstein, Epstein, Bank of America's Epstein, Epstein doesn't, CNBC's Michael Bloom, Michael Sheetz Organizations: Bank of America, Bank of, MDA Locations: Monday's

☆ A stressed out rookie lawyer says he got fired after he used ChatGPT to do his job
▼ + stars: | 2023-11-17 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Zachariah Crabill, a rookie lawyer, claims he was fired after using OpenAI's ChatGPT to help him write a motion. This summer, Zachariah Crabill, a 29-year-old lawyer who previously worked at Baker Law Group, was fired after he used ChatGPT at work, he confirmed to Insider. Crabill's ChatGPT snafu isn't the first time lawyers used AI to the detriment of their employer, clients, or their jobs. In June, a New York law firm was fined $5,000 because one its lawyers used ChatGPT to write a court brief that referenced nonexistent cases and opinions. Workers in other industries, too, claim they are being let go for using AI on the job.

Persons: Zachariah Crabill, Crabill, —, ChatGPT, I've, Crabill's, Tina Sendin Organizations: Service, Baker Law Group, Colorado, Lexis, Law Week, Washington Post, Google, Baker Locations: Colorado, New York

☆ Boeing struggles to steer defense unit in another year of losses
▼ + stars: | 2023-10-27 | by ( Valerie Insinna | ) www.reuters.com time to read: +5 min

The Boeing KC-46 Pegasus aerial refueling tanker is seen before a delivery celebration to the U.S. Air Force in Everett, Washington, U.S., January 24, 2019. Despite absorbing $4.4 billion in losses in 2022 – which executives said would lower the risk of future cost overruns – the unit has seen little improvement this year. Excluding last year, losses on Boeing's defense programs in 2023 exceed those from all years since 2014, according to a Reuters review of Boeing’s regulatory filings. The latest charge for Air Force One brought total losses to $2.4 billion on a $3.9 billion contract to develop two planes. A better bet, and one Boeing's defense segment is aggressively pursuing, is inking future contracts for next-generation fighter jets and cutting-edge drones.

Persons: Lindsey Wasson, Lockheed Martin, Brian West, Byron Callan, ”, Seth Seifman, JP Morgan, “, NASA's, West, there's “, Richard Aboulafia, ” Aboulafia, Valerie Insinna, Rod Nickel Organizations: Boeing KC, Pegasus, U.S . Air Force, REUTERS, Rights, Air Force, Boeing, Lockheed, General Dynamics, Capital Alpha Partners, U.S . Defense Department, NASA, BDS, Boeing Defense Space, U.S . Air Force's KC, KC, Thomson Locations: Everett , Washington , U.S, Ukraine

☆ K-pop group STAYC in concert wardrobe mix-up involving wrong Rangers jerseys in Dallas
▼ + stars: | 2023-10-25 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +2 min

CNN —Wearing the local sports team’s jersey is the perfect way to endear yourself to a regional crowd, but K-pop girl group STAYC was involved in a bit of a wardrobe mix-up during its show in Dallas last Thursday. Marcus Semien, wearing the jersey of the Texas Rangers, during their Game 7 American League Championship Series win over the Houston Astros on October 23. STAYC is currently on the American leg of its ‘Teenfresh’ world tour. Shaun Botterill/Allsport/Getty ImagesThe accidental wardrobe snafu is not the first link between K-pop and a Glaswegian soccer side. The jersey of Rangers’ bitter rival, Celtic, made an appearance during boy band Stray Kids’ ‘My Piece’ music video in 2018.

Persons: CNN —, STAYC, Marcus Semien, Bailey Orr, Isa, Ian Ferguson, Paolo Di Canio, Shaun Botterill, ’ –, Seeun, Yoon Organizations: CNN, Dallas, New York Times, Bears, Bulls, Yankees, Mets, Dallas Cowboys, Dallas Mavericks, Texas Rangers, Houston Astros, American League, Rangers soccer, Rangers, Scottish Premiership, League Cup, Scottish, Celtic, Firm, ‘ Locations: Chicago, Brooklyn, Texas, Glasgow, Scotland, STAYC, Sieun

☆ Federal appeals court expands limits on Biden administration communications with social media companies
▼ + stars: | 2023-10-03 | by ( Devan Cole | ) edition.cnn.com time to read: +2 min

Washington CNN —A federal appeals court has expanded the scope of a ruling that limits the Biden administration’s communications with social media companies, saying it now also applies to a top US cybersecurity agency. Similar to the ruling last month, in which the appeals court said the federal government had “likely violated the First Amendment” when it leaned on platforms to moderate some content, the new ruling says CISA violates the Constitution. “CISA used its frequent interactions with social media platforms to push them to adopt more restrictive policies on censoring election-related speech,” the three-judge panel wrote. But the court’s new ruling was only modified to add CISA as an enjoined entity. The judges said they were pausing their new injunction for 10 days, and the Biden administration has the option of asking the Supreme Court to issue a more lasting pause on the modified ruling.

Persons: “, CISA, “ CISA, ”, Biden Organizations: Washington CNN, Biden, 5th Circuit, White, Centers for Disease Control, FBI, Infrastructure Security Agency, Department Locations: Missouri

☆ GameStop’s success doesn’t belong in a meme
▼ + stars: | 2023-09-07 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Sept 7 (Reuters Breakingviews) - Meme-stock success might look more whimper than bang. GameStop (GME.N), the poster-child for pandemic-era retail-trader enthusiasm, reported second-quarter results on Wednesday that showed losses narrowing and positive, if miniscule, adjusted EBITDA. It’s an improvement on the path to sustainability, especially compared to other retail darlings like bankrupt Bed Bath & Beyond. Hardware sales fell 18% from the prior quarter, as the after-effects of supply shortages fade. GameStop’s share price may still be well above 2019 levels, but its ambitions are as low as ever.

Persons: hasn’t, Ryan Cohen, Jonathan Guilford, Hong Kong, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, GameStop, X, Hong, Thomson Locations: Grapevine , Texas

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